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Hibbing Foundary 555 W 25th St 58,000 SF 100% Leased Industrial Building Hibbing, MN 55746 $1,495,000 ($25.78/SF)
EXECUTIVE SUMMARY
The former Foundary is not just a property, it's an opportunity. An opportunity to situate
your manufacturing operation in a prime, yet private, setting. This sprawling facility comes
with office space, utility areas, a cafeteria, and ample land and parking, making it a
unique and unparalleled choice for your business.
Strategically located in Hibbing, MN, the heart of Minnesota’s Iron Range, the Former
Foundary is a ½ way point between Duluth’s shipping ports to the south, and Canada to
the north. This prime location provides easy access to a large, skilled workforce and a
high-quality lifestyle for your workers.
your manufacturing operation in a prime, yet private, setting. This sprawling facility comes
with office space, utility areas, a cafeteria, and ample land and parking, making it a
unique and unparalleled choice for your business.
Strategically located in Hibbing, MN, the heart of Minnesota’s Iron Range, the Former
Foundary is a ½ way point between Duluth’s shipping ports to the south, and Canada to
the north. This prime location provides easy access to a large, skilled workforce and a
high-quality lifestyle for your workers.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$23,052
|
$0.40
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$23,052
|
$0.40
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $23,052 |
| Annual Per SF | $0.40 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $23,052 |
| Annual Per SF | $0.40 |
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 141005001895 | Total Assessment | $672,500 (2024) |
| Land Assessment | $31,600 (2024) | Annual Taxes | $23,052 ($0.40/SF) |
| Improvements Assessment | $640,900 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
141005001895
Land Assessment
$31,600 (2024)
Improvements Assessment
$640,900 (2024)
Total Assessment
$672,500 (2024)
Annual Taxes
$23,052 ($0.40/SF)
Tax Year
2025
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VIDEOS
MATTERPORT 3D EXTERIOR
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Hibbing Foundary | 555 W 25th St
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